Podcast: Have digital options even replaced the petty cash tin?

Issue 132 | 10 June 2021 (Online)

  
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Welcome to issue 132 of Payments:Unpacked, get to grips with the UK’s retail payments landscape with Mike Chambers - exclusive payment insights, hot topic briefings and fundamentals unpacked.

Have digital options even replaced the petty cash tin?

In this podcast we consider whether digital options have even replaced the petty cash tin.
Any glance at any payment statistic, from Faster Payments to contactless, to click and collect and to the growing global trend of Request to Pay, would suggest that cash no longer has a place in any business in this mid-pandemic 2021 digital world.

With all the digital possibilities, why would any business still need to pay anything in cash and why would they still be accepting payments by way of cash?   

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The Payments:Unpacked newsletter and podcasts from Mike Chambers at Northey Point explore a wide range of the UK’s payment news including: Open Banking, Request to Pay, Direct Debit, Confirmation of Payee, Bacs, CHAPS, Faster Payments, LINK, cash, cards, cheques and Central Bank Digital Currencies (CBDCs) and unpacks the eco-system that supports the operation of these systemically important payment systems.

The newsletter and podcasts are an independent and informed insight into the UK’s payments landscape – exclusive payment insights, hot topic briefings and fundamentals unpacked.

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